The business idea and the business model

Students will develop a business plan to be submitted in module #5.  The business plan will serve as the final for this course.  Details for the assignment are provided in Canvas.  The first step in creating your business is to identify some critical information.  View the Small Business Administration's website (link provided in Canvas) and read the Harvard Business Review article (link provided in Canvas). The second step is to develop the Business Model. Be sure to answer all questions in complete sentences and thoroughly. Part 1 - Business Idea Answer the following questions about your new business: 1. What is the name of your business? 2. What is the primary product(s) or services will you provide? 3. Where will this business be located (which state, country, etc.)? 4. What customers will be served? 5. How do you plan to financially fund this business idea? (Think about private investment, friends/family, a bank loan, etc.) 6. Identify the legal form of your organization: 1) sole proprietorship; 2) partnership; 3) corporation; 4) non-profit